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Viefleur [7K]
4 years ago
5

It is the end of the year and holiday sales are beginning. To remain competitive the manufacturers of ice scrapers for cars run

a buy two get one free sale on Black Friday.
What effect will this have on the ice scraper market?

A. This decrease in price will increase the quantity demanded.
B. This decrease in price will increase demand.
C. This price change will decrease the quantity demanded.
Business
1 answer:
Alika [10]4 years ago
6 0

Answer:

The correct answer is (b)

Explanation:

Sale promotion is an effective way to improve short-term sales and at the same time attract new potential buyers.  Ice scrapers sale promotion strategy will help them to increase their sales revenue. As they are offering buy two get one free sale on black Friday the overall prices will decrease that will increase the demand.

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Answer would be Operant Conditioning

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2 years ago
Suppose Scott has a budget of $56 that he spends on movies (Q1) and roller skating (Q2). The price of movie tickets recently inc
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Answer:

1.6 Q1 + 0.875 Q2 = $56

Explanation:

Budget constraint equation represents the total budget allocation to different activities under consideration.

old Budget Constraint

Q1 + Q2 = $56

New Budget Constraint

(Q1)*8/5 + (Q2)*7/8 = $56

(Q1)*1.6 + (Q2)*7/8 = $56

(Q1)*1.6 + (Q2)*0.875 = $56

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5 0
3 years ago
A recent social media promotion gathered headlines for humanizing what landmark building in new york city?.
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A recent social media promotion gathered headlines for humanizing a landmark building in new York city made in C NN news.

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It is also known to be a building that has historical importance. There was a recent social media promotion gathered headlines for humanizing a landmark building in new York city.

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8 0
2 years ago
PLEASE HELP----- Explain how the three groups (laborers, businesses, and government) are connected in regard to unemployment. Ho
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<span>When laborers are out of work, then they can't as often to buy product from business, which in turn the business loose money have to lay their laborers off,which creates a vicious cycle.Then at times the government will come up with their programs to help the business and try to keep the economy going.</span><span />
7 0
3 years ago
Read 2 more answers
Anna employs Mark to purchase for her a suitable site for a roller rink. Mark owns a huge site himself and sells it to Anna at f
mylen [45]

Answer:

Fiduciary

Explanation:

A fiduciary is a person that is appointed to protect the interests of his principal.

He should ensure that all transactions favor his principal maximally. It also entails full disclosure.

In this case, Mark was going to be the beneficiary of the sale. Even if the site was sold at fair market value, Mark has responsibility to fully disclose the source of the transaction to Anna.

Conflict of duty is when the fiduciary benefits from his position. This is not allowed.

8 0
3 years ago
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